posted on Jun, 14 2004 @ 11:13 AM
I need a little help here.
Basically, I have a theory regarding the privatization of former public utilities by
Governments to shift funds/revenue as they see fit. Please read the links before
you reply..."well duh!"
TENIX, the largest Australian-owned defence prime contractor,
has a 10yr alliance with a major power provider TXU,
'TXU has agreed to sell its energy business in Australia, TXU Australia, and has announced its intent to sell TXU Gas, its largely regulated natural
gas transmission and distribution business in Texas.'
TXU link, www.txucorp.com...
On 26 April 2004, TXU Corp announced it had entered into an agreement to sell TXU Australia to Singapore Power Ltd. We expect the sale to be
finalised early in the third quarter of 2004, subject to regulatory approval, www.txu.com.au...
Does this mean the Singapore Gov' has a "vested interest" in Tenix?
TXU, from Texas to Oz to Singapore. I know that when i pay my next power bill
i'll be doing my bit for World-wide defence funding.
[edit on 14-6-2004 by sanctum]